Household financial literacy and relative poverty: An analysis of the psychology of poverty and market participation

Wang, Shanping; Cao, Peng; Shao, Hongxia

doi:10.3389/fpsyg.2022.898486

Cited by 14 publications

(9 citation statements)

References 90 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…It could be argued that the development of the financial system in Thailand has progressed towards what Harvey (2005) coined as a neoliberal agenda which tends to prioritize the wealth accumulation of financial and political elites at the expense of the greater good and benefit for the society. Hence, financial developments frequently benefit the rich more than the poor, regardless of whether they have access to capital, returns generation, and the gap in financial literacy between the rich and the poor (Wang et al, 2022).…”

Section: Resultsmentioning

confidence: 99%

Financial Development and Income Inequality: Evidence from Thailand

Nittayakamolphun,

Jirasatthumb,

Pholkerd

2024

ABAC J

View full text Add to dashboard Cite

Despite experiencing persistent income inequality, the Thai economy has continued to grow with a developing financial system. This study examines the relationship between financial development and income inequality in Thailand from 1980 to 2020. It is identified that a cointegration between financial development and income inequality follows a U-shape hypothesis. This result implies that income inequality reduced to a certain threshold in the early stage of financial development but subsequently increased as the financial system progressed. It is consequently recommended that policymakers prioritize creating an inclusive financial environment that promotes equitable access to financial services across all financial institutions, particularly for lower- and middle-income groups.

show abstract

Section: Resultsmentioning

confidence: 99%

Financial Development and Income Inequality: Evidence from Thailand

Nittayakamolphun,

Jirasatthumb,

Pholkerd

2024

ABAC J

View full text Add to dashboard Cite

show abstract

“…While economic issues have been previously identified as contributing to men's depression and anxiety, participants were articulate about the role that a lack of financial education plays in producing generational poverty and subsequent depression. A recent study of Chinese households provided empirical evidence that financial literacy can reduce relative/long-term poverty in a developing country context (Wang et al, 2022). It will be critical to explore the contention that financial literacy can reduce poverty and perhaps, in so doing, depression and anxiety as well in racially/ethnically diverse American families.…”

Section: Discussionmentioning

confidence: 99%

Men’s Depression and Anxiety: Contributing Factors and Barriers to Intervention

Molewyk Doornbos,

Zandee

2024

J Am Psychiatr Nurses Assoc

View full text Add to dashboard Cite

BACKGROUND: Urban, ethnically/racially diverse, impoverished men are predisposed to experience unaddressed depression and anxiety. The overlap of these factors creates significant mental health inequity. AIMS: This study sought to capture men’s impressions of the factors that contributed to their experience of depression and anxiety as well as barriers that they experienced in pursuing intervention. METHODS: Using community-based participatory research, in the context of long-term partnerships between a department of nursing and three urban, racially/ethnically diverse, and impoverished neighborhoods, the researchers recruited 50 men ages 23–83 years. Data were collected via six homogeneous, Zoom-based focus groups composed of Black, Hispanic, and White men, respectively. RESULTS: The men identified multiple themes pertaining to modifiable and non-modifiable contributing factors that played a role in their development of depression and anxiety as well as barriers related to stigma, resource issues, and a lack of knowledge of mental illness that they faced when seeking intervention. CONCLUSIONS: Understanding men’s perspectives on the contributing factors and barriers to mental health intervention can provide an evidence base with which to address mental health inequity via tailored care, policy, and research agendas.

show abstract

“…2.2.3 E-commerce's impact on network infrastructure-farmers' entrepreneurial behavior. The Internet has a significant and positive impact on farmers' entrepreneurship [65][66][67]. And farmers with more experience in Internet use are more likely to engage in promoting their entrepreneurial behavior through e-commerce.…”

Section: E-commerce'smentioning

confidence: 99%

The impact of rural e-commerce participation on farmers’ entrepreneurial behavior: Evidence based on CFPS data in China

Lin,

Wu,

Lin

et al. 2024

PLoS ONE

View full text Add to dashboard Cite

The "Three Rural Issues", encompass challenges related to agriculture, farmer, and rural area, which hold significant importance in driving comprehensive rural revitalization efforts in China. Farmer entrepreneurship, as a crucial means to enhance productivity, create job opportunities, and increase residents’ income, has gradually become a key driving force in promoting rural revitalization in the new stage of development in China. With the rapid development of rural e-commerce, farmer entrepreneurship has encountered new opportunities. This study utilizes the 2020 China Family Panel Studies (CFPS) data and employs a structural equation model (SEM) to analyze the direct impact of rural e-commerce participation on farmer entrepreneurial behavior, considering factors such as human capital, social capital, and network infrastructure. This study further explores the indirect effects and mechanisms of e-commerce participation as a mediating variable and analyzes the impact and mechanisms on agricultural entrepreneurship behavior. The findings are as follows: (1) E-commerce participation significantly promotes farmer entrepreneurial behavior; (2) E-commerce participation as a mediating variable has a positive indirect effect on the relationship between social trust, network infrastructure, human capital, and farmer entrepreneurial behavior; (3) E-commerce participation has a significant positive influence on farmer entrepreneurship in the agricultural sector, and farmers with higher levels of network infrastructure and human capital have a higher probability of choosing agricultural entrepreneurship under the influence of e-commerce participation. Finally, this study provides policy recommendations in terms of infrastructure construction, entrepreneurial policy environment, and education level, aiming to optimize the situation of farmer entrepreneurship and contribute to the comprehensive promotion of rural revitalization.Overall, the research in this paper effectively combines theory and empirical evidence to outline the direct and indirect impact mechanisms of rural e-commerce participation on farmers’ entrepreneurial behavior and agriculture-related entrepreneurial behavior and to test the effects of their impacts. First, most of the existing literature deals with farmers in individual sample areas, while the sample selected in this paper is farmers in the whole country, which is relatively more generalizable; second, most of the previous studies explore the level of e-commerce in the inter-provincial or county areas, while this paper expands the empirical study of rural e-commerce on the entrepreneurial behavior of farmers and the micro-period of agricultural entrepreneurial behavior, and focuses on the impacts of the e-commerce activities of farmers on their entrepreneurial behavior.

show abstract

Household financial literacy and relative poverty: An analysis of the psychology of poverty and market participation

Cited by 14 publications

References 90 publications

Financial Development and Income Inequality: Evidence from Thailand

Financial Development and Income Inequality: Evidence from Thailand

Men’s Depression and Anxiety: Contributing Factors and Barriers to Intervention

The impact of rural e-commerce participation on farmers’ entrepreneurial behavior: Evidence based on CFPS data in China

Contact Info

Product

Resources

About